Meta Launches Offering Of 250M Depositary Shares And $22.5B Offering Of Class A Common Stock In Connection With Forward Sale Agreements; Total Value Of Offering Seen At $95B
Meta Platforms, Inc. (NASDAQ:META) ("Meta" or the "Company") announced today the launch of concurrent separate underwritten public offerings of (i) 250,000,000 series A depositary shares ("Depositary
Meta is raising about 95 billion dollars by selling new shares. When big companies do this, watch if they use the money wisely for growth.
Last session drawn · prints held ~15 minutes · licensed exchange data
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
Disclosure: Educational and informational purposes only. Not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.